Feasibility Study Data for the Midland, TX Metro Area

Midland in the SBA loan record

Midland, TX logged 262 SBA approvals in FY2017 to FY2026, worth $202.3 million in gross dollars. Midland ranks as a mid-table area, 265 of 928 by loan count. Midland is read whole in Midland, TX, every class counted. A slice of TX is not how Midland is treated.

$50,000 to $836,375 spans the middle half of Midland loans, and $325,000 is the median. Midland sits well above the national level: its 1.56x ratio to the national median means Midland requests sized nationally may look small. 252 of the Midland loans are 7(a); 10 are 504; Midland borrowers meet 7(a) most. Midland franchised businesses took 16.8% of loans, so a branded concept in Midland needs a brand-cost check in Midland.

Midland: classes, places and lenders

Midland tracked classes among 262 loans, by loan count: hotel and motel: 10; limited-service restaurant: 10; fitness center: 7; full-service restaurant: 7. The 202 loans in no tracked class keep Midland totals from reading as pure property; much Midland borrowing funds operating businesses. Midland County, TX (256 loans) and Martin County, TX (6 loans) lead by county; a Midland study names which county it covers. Midland 7(a) volume: Wells Fargo Bank National Association ($4.0 million, 53 loans); SouthWest Bank ($16.6 million, 25 loans); Live Oak Banking Company ($16.3 million, 12 loans). Wells Fargo Bank National Association, with 53 loans, tops the Midland rows, each an SBA record of Midland loans held or once held; none judges Midland lenders.

Midland, between FY2017 (21 loans) and FY2026 (36), peaked at 37 in FY2025 and bottomed at 11 in FY2022. A Midland borrower should know the cancellation record: 9.0% as a floor and 9.0% as a ceiling, for FY2017 to FY2024 Midland approvals. Of 119 Midland loans disbursed in FY2017 to FY2021, 5.0% are charged off, a floor. The Midland five-year loss figure is withheld; Midland cannot read it as zero. Midland faces a geography limit: Midland, TX uses the July 2023 definition; 262 loans are matched by county, and unplaceable Midland loans are omitted, so Midland counts and rates are floors.

Midland: testing a project

A Midland feasibility study begins with Midland demand from the right counties: Midland County, TX leads the loan counts, though Midland is wider. If a Midland concept resembles hotel and motel, Midland offers size and lender precedent; other Midland concepts must rest on their own Midland evidence. Midland costs belong on local bids; test Midland debt service coverage for a loan near $325,000, and again near $836,375. Midland is metropolitan, so a Midland appraisal should name its submarket and test Midland comparables inside it. Nothing printed for Midland predicts approval; each Midland lender still reviews a study.